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As of Oct. 26, 2023, the price of 1 gram of gold is $64.16, whereas a gold bar that weighs a kilogram would fetch $64,160.67. How much is a 1-pound gold bar worth?
The kilobar: This bar is a kilogram of gold, or 32.15 troy ounces. It prices out at about $77,080 at the recent spot price. ... This gold bar is worth about $239,750 at recent prices.
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb). The minimum purity required is 99.5% gold.
1.4×10 −6 [i] (3.878 × 10 10 kg) No reliable price available. In 1959–1961 Great Britain Atomic Energy Authority produced 125 g of 99.9% pure protactinium at a cost of $ 500 000 , giving the cost of 4 000 000 USD per kg. [ 44 ]
The Babylonian weights are approximately: shekel (8.4 g, 0.30 oz), mina (504 g, 1 lb 1.8 oz) and talent (30.2 kg, 66 lb 9 oz). The Greeks adopted these weights through their trade with the Phoenicians along with the ratio of 60 minas to one talent.
The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...
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